In this analysis of the BTC/USDT pair on the 15-minute chart, I’ve identified a potential bullish reversal using Fibonacci retracement levels. After a sharp decline, Bitcoin found support at the 0.618 Fibonacci retracement level, which aligns with a critical demand zone (highlighted in blue). The price action suggests a strong support base at around $59,200-$59,300, indicating a possible upward movement.
Chart PatternsTrend Analysis

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